Posted by kcfan > 2012-07-03 22:43 | Report Abuse

Time for MBSB explore further on uptrend..

Posted by lawrencelim > 2012-07-04 16:48 | Report Abuse

finally flying

Posted by kcfan > 2012-07-04 19:05 | Report Abuse

MBSB going to break near its recent high of RM2.46 .It may have bullish breakout and is likely to continue with its uptrend line. MBSB could be a good trading BUY.Just my opinion.

Posted by kcfan > 2012-07-05 21:39 | Report Abuse

MBSM's six-month sideways consolidation should end after the stock closed again above the RM2.40 resistance level. A position can be initiated above this level, with a close below the recent RM2.25 low as a stop-loss. The price target is RM3.00, with resistance also anticipated at RM2.80. A trade may not work if the stop-loss is triggered, whereupon the sideways move is likely to continue. Strong support is at RM2.00.

Posted by kcfan > 2012-07-05 22:00 | Report Abuse

In this report, we outline the impact from RHB Cap
possibly considering taking over Malaysia Building
Society Bhd (MBSB). We have walked through several
scenarios in which RHB Cap may fund for the
acquisition either entirely through cash, or shares, or a
combination of both (80% cash and 20% new shares).
Assuming an acquisition price for MBSB at
RM2.80/share, we find that the most optimal structure
will likely be a funding combination of cash and shares.
This leads to RHB Cap’s fair value rising to
RM10.10/share from our current estimated RM8.50/share.
• The merger with MBSB, if it happens, will open up one of
the most lucrative segments of lending, given MBSB’s
exposure to the government civil servants’ personal
financing segment.

• So in a nutshell, we do not expect any further downside
to RHB Cap. A merger with MBSB merger will likely be
positive, given that this opens up a new and more
profitable segment of lending for RHB Cap. A possible
hindrance may be the perception that RHB Cap is
allowed into this segment, while other commercial banks
would not be able to tap into this, but we believe this
would be easily countered by the fact that the major
shareholder of both RHB Cap and MBSB is the
Employees Provident Fund, which represents the bulk of
the retirement funds of the workforce in Malaysia. Thus,
in essence, the public’s interests is best aligned to both
RHB Cap, and MBSB.

Posted by usry > 2012-07-05 22:36 | Report Abuse

Bro Kcfan: may i knowfrom where u got this news..any link..thanks

Posted by usry > 2012-07-06 10:12 | Report Abuse

fly already...:(

Posted by slts > 2012-07-08 06:27 | Report Abuse

still got more flying to do

Posted by Antz78 > 2012-07-08 15:39 | Report Abuse

Hope so.. Any idea how far it can go?
The merger thing is an idea or ongoing ?

Posted by kcfan > 2012-07-09 21:08 | Report Abuse

MBSB.Minor consolidate ahead for today..Technically still positive.

Posted by Alfred Aun > 2012-07-10 11:11 | Report Abuse

Already RM2.510, can buy now or not, any advise ?

Posted by weechin53 > 2012-07-10 11:19 | Report Abuse

kcfan is safe to go in @2.51?

Posted by kcfan > 2012-07-10 11:41 | Report Abuse

If you planned to invest for long term period.still can consider to buy on current stage PE ratio as foundamental and technica positive uptrend.just my opinion .cheer

Posted by Alfred Aun > 2012-07-10 12:21 | Report Abuse

kcfan, thanks for your advised.

Posted by kcfan > 2012-07-10 20:57 | Report Abuse

MBSB broke above its recent high of RM2.53. With this breakout, MBSB is likely to continue with its prior uptrend.I believe MBSB's rise could pick up momentum & swing upward to RM2.80 and RM3.00 Cheer.

Posted by jtpc2006 > 2012-07-11 09:25 | Report Abuse

EPF to takeover MBSB, or merge with RHB?

Posted by jtpc2006 > 2012-07-11 11:00 | Report Abuse

still hot news, read the Star on possible takeover/merger!!

Posted by jtpc2006 > 2012-07-11 11:16 | Report Abuse

Talk that Malaysia Building Society Bhd (MBSB) is to be taken private by the Employees Provident Fund (EPF) has surfaced yet again, with industry sources saying the deal could happen as soon as this month. The Star.

Posted by kcfan > 2012-07-11 12:40 | Report Abuse

Thank for latest sharing.Let merge it and believe it.

Posted by usry > 2012-07-11 12:47 | Report Abuse

try to buy this afternoon session.. keep until end of this month.

Posted by usry > 2012-07-12 12:06 | Report Abuse

today down.. look like need to wait for 1-2 days more b4 enter. tomorrow Friday-usually selling day.. hope next week..

Posted by usry > 2012-07-16 16:10 | Report Abuse

still unloading..

Posted by jtpc2006 > 2012-07-16 16:12 | Report Abuse

who? epf?

Posted by kcfan > 2012-07-18 11:51 | Report Abuse

Share price gain back after consolidate for a few days.Pending for next financial announcement by early of August.Uptrend will be continue.Cheers

Posted by usry > 2012-07-18 12:25 | Report Abuse

just bought this morning at Rm2.44 and keep for 1-2 month..

Posted by Rajandaran Kannaya > 2012-07-18 12:47 | Report Abuse

Todays range is from 2.45 - 2.52. How did you get it for 2.44. Just asking jangan marah ye. Learning!

Posted by kcfan > 2012-07-18 12:58 | Report Abuse

Usry,my opinion this counter financial performance and business outlook are potential growth.Technically is poised to long term uptrend.Maintain buy and hold for long term invest.Have a nice trading day's ahead.Thanks

Posted by wongcw60 > 2012-07-18 13:11 | Report Abuse

bought at 2.26 that time n still holding out.

Posted by soljadu > 2012-07-18 18:26 | Report Abuse

usry, beli kat black market ke?....actually this a good counter to buy, also drb

Posted by kcfan > 2012-07-19 07:53 | Report Abuse

Finance for Civil Servants from the new guidelines affect ‧ Industrial M & A Malaysian housing industry advantageously
Malaysia Hot stocks Comment 2012-07-18 17:43

(RHBCAP, 1066, Finance Group) intends to acquire the horse housing industry (MBSB, 1171, motherboard financial group), but worried about the latter business will be subject to the intervention of Responsible Loan Guide Analysts believe that the misunderstanding of the printing of its business, optimistic about the two strong binding conducive to strengthen the operational efficiency and expand into new loans links.

Posted by kueyteowlou > 2012-07-19 08:31 | Report Abuse

EPF top 1 holding shares...

http://christrade.blogspot.com/2012/07/epf-top-30-equity-investment-q2-2012.html

Posted by kcfan > 2012-07-20 07:59 | Report Abuse

Another Year Of Record Profits Expected For MBSB

After posting consecutive three year gains, Malaysia Building Society Berhad (MBSB) chief executive officer Datuk Ahmad Zaini Othman says he expects another year of record profits this year. Datuk Othman said that there are many things that MBSB have been doing over the last three years and that it has been hitting record profits, therefore they will also achieve record profits this year. Total deposits from corporate and retail clients stood at RM13.5 billion, an increase of 29 percent from the RM10.5 billion in 2010. The company’s net loans and advances grew 42 percent to RM15.2 billion in 2011 while its net assets were RM17.36 billion. Analysts are expecting the group to report RM360mil to RM377mil net profit for the full year. (Net profit for FY10 RM146million, net profit for FY09 RM57 million)

Significance: Growth seen in its total deposits suggest MBSB’s growing reach to existing and new clientele and represent the growing support it’s receiving from investors. Increased switch to Islamic banking seen in the Malaysia market will also seek to boost its Islamic banking sector.

Posted by jtpc2006 > 2012-07-20 19:57 | Report Abuse

that's great news, expect bumper profits and MBSB will reward shareholders.

Posted by usry > 2012-07-25 11:36 | Report Abuse

MALAYSIA BUILDING SOCIETY DENIES PRIVATISATION REPORTS
MALAYSIA BUILDING SOCIETY denied reports in The STAR article of Jul 11, 2012, stating that it is not aware of either the privatisation exercise or the merger which were mentioned in the article.

So...??

Posted by jtpc2006 > 2012-07-25 11:50 | Report Abuse

takeover or not, MBSB still fundamentally strong and hitting growth targets, refer kcfan's post on 20/7 below:
Another Year Of Record Profits Expected For MBSB

After posting consecutive three year gains, Malaysia Building Society Berhad (MBSB) chief executive officer Datuk Ahmad Zaini Othman says he expects another year of record profits this year. Datuk Othman said that there are many things that MBSB have been doing over the last three years and that it has been hitting record profits, therefore they will also achieve record profits this year. Total deposits from corporate and retail clients stood at RM13.5 billion, an increase of 29 percent from the RM10.5 billion in 2010. The company’s net loans and advances grew 42 percent to RM15.2 billion in 2011 while its net assets were RM17.36 billion. Analysts are expecting the group to report RM360mil to RM377mil net profit for the full year. (Net profit for FY10 RM146million, net profit for FY09 RM57 million)

Significance: Growth seen in its total deposits suggest MBSB’s growing reach to existing and new clientele and represent the growing support it’s receiving from investors. Increased switch to Islamic banking seen in the Malaysia market will also seek to boost its Islamic banking sector.

Posted by kcfan > 2012-07-26 19:46 | Report Abuse

MBSB may rally further after holding above the broken resistance of RM2.40 very well in the past week. A position can be initiated on a close above RM2.40, with a close below as a stop-loss. The price targets are RM2.70 and RM2.90. The stock may likely correct if it fails to stay above RM2.40 and supports are at RM2.20 and RM2.00.

Posted by usry > 2012-07-26 21:13 | Report Abuse

if no 'mega sale' occure in KLSE tomorrow & next week, there are impossible for MBSB to go down to RM2.. Look like i should agree with bro JTPC2006 statement. this company is good and strong fundamental.

Posted by Jolly Mypet > 2012-07-26 23:50 | Report Abuse

strong support at RM2.47. RM2.48 and RM2.49 .

Posted by kcfan > 2012-07-30 22:43 | Report Abuse

OUTPERFORM maintained with target price of RM2.70 based on a targeted P/BV of 1.7x over FY13 BV of RM1.60. Our target price of RM2.70 also implies 7.1x and 6.0x to our FY12 and FY13 EPS estimates, respectively. At the current level, the stock offers a potential capital upside of 10%. Together with an additional dividend yield of 3.8%, this brings the potential total return to approximately 14% over the next 12 months. Its ROE of 28.1% remains one of the highest among financial stocks.

Posted by kcfan > 2012-07-30 23:19 | Report Abuse

Doubtful debts during the reorganization, MBSB to attract multi-interested buyers and is expected before year-end, two left over for doubtful debts to be restructuring, the company's goal is to complete the restructuring of the bad debts of about 350 million ringgit before year-end, equal to its doubtful debts net of one-third (2012 first quarter, the Group for doubtful debts of about $ 200 million to 90 million ringgit).
For doubtful debts ratio will fall to 5% or less
Doubtful debts restructuring is completed, doubtful debts ratio will be reduced to 5% or lower, in addition, 8.5% of its doubtful debts ratio from 2011 fourth quarter, improved to 7.3 percent in the first quarter of 2012.

Posted by kcfan > 2012-08-01 17:46 | Report Abuse

Possible to break record high by tomorrow trading?

Posted by usry > 2012-08-01 20:21 | Report Abuse

hope so.. if it can break RM2.54 than it will fly..TP RM2.60

Posted by kcfan > 2012-08-06 13:32 | Report Abuse

Pending for the Q2 earning announcement reports.Show good?

Posted by usry > 2012-08-06 19:27 | Report Abuse

when they will announce Q2? next month..?

Posted by usry > 2012-08-08 06:14 | Report Abuse

something bad new will come out as the price suddenly drop? or the result is not good from earlier forecast?

Posted by lawrencelim > 2012-08-08 11:33 | Report Abuse

mbsb-ce is expired. this cause the issuing bank to push down the price. should be recovered next two days.

Posted by weiboy90 > 2012-08-09 15:50 | Report Abuse

any news about it? now i stuck at their warrants. =.=

Posted by Alex Cwc > 2012-08-14 11:04 | Report Abuse

expect not good news

Posted by jtpc2006 > 2012-08-14 14:36 | Report Abuse

any news 1M168?

Posted by 1M168 > 2012-08-14 16:16 | Report Abuse

Be patient ..